Asia Mining News

China aluminium soars due to capacity closures

The news around China’s pollution crackdown spiked investors concerns

Cooking oil could help clean up mercury at mining sites, researchers say

Researchers worked out a way for a canola oil polymer to trap mercury metal, mercury vapour and organo-mercury compounds

Good and bad news from Japan-China oil sands projects in Canada

On the bright side, the companies have started production of ultra-heavy crude oil at their Hangingstone Oil Sands Project in Alberta

Sumitomo Metal Mining exits Solomon Islands nickel exploration project

Japan's Sumitomo Metal Mining Co Ltd. said on Tuesday it will exit from a nickel exploration project in the Solomon Islands because of slumping nickel prices and the loss of a legal dispute over mining rights in the country.

Kashmir coal mine collapses killing five

The accident happened in Kashmir

Chile's Caserones copper mine close to reach full capacity after weather forced 3-week shutdown

The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.

Yancoal seeks $2.5bn from investors to pay for Rio’s Aussie coal mines

Former rival bidder Glencore will subscribe to $300 million worth of the rights offer.

Rio Tinto’s first-half profit soars 93%, investors getting $3bn back

The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.

Philippines says open pit mining ban to stay put

Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.

Caterpillar in search of new CFO as Halverson to retire next year

Brad Halverson has spent nearly three decades with the mining and construction equipment maker.

India's biggest holiday boosts De Beers rough diamond sales

The diamond giant said customers began buying rough diamond earlier than usual so they can complete their polishing before Diwali begins.

Upbeat China data sends iron ore soaring, climbs the most in 8 months

Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since December 1, 2016.

Uranium to stay weak for now but a 'violent price increase' is coming: Cantor

Operators dragging their feet on production cuts.

Globally established LOESCHE vertical roller mill for use in a cement plant in Pakistan

The new mill will be used in the new line 3 of the cement plant in Hub Chowki in Pakistan, in the Lasbela/Baluchistan district, 20 km north of Karachi. The mills will grind OPC cement with a fineness of 3,300

Indonesia closer to mining deal with Freeport, but hurdles remain

Some issues still need to be resolved before the U.S. miner gets a new operating permit for its huge copper mine.

Here’s how to avoid being caught in mining scams

These courses can help you identify and evaluate the risks involved in mining investments before it’s too late.

Caterpillar earnings beat estimates, shares hit five-year high

It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it had originally projected for the year.

Luxembourg shoots for the stars with fresh space mining deal

The country's ultimate objective is to have its own space mining agency by the end of the year.

Philippines plans new law to ensure responsible mining

Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage.

US steel production falls back in June

After strong start to 2017, US steel output growth for the first six months slows to just 1.3%.

Centerra gets some breathing room in dispute with Kyrgyz Republic

The arbitrator has sided with miner, allowing it to move forward with the case against the Central Asian country.

Iron ore soars past $70 a tonne

Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13.

Rio’s revised iron ore guidance pushes price to three-month high

From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%.

North Korea ban lifts coking coal price

Met coal hits 2-month high Friday as Chinese imports of steelmaking coal from totalitarian state drops 75% during first half of the year.

Coal mine crackdown dims prospects for Mongolia's fortune seekers

Working 50 metres (164 feet) under ground with minimal air supply, Uuganbaatar is one of thousands of Mongolians trying to make a living digging for coal.